mttssn research · Djupanalys · 2026-W102
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Rating
Buy
Riktkurs 24m
545.0 SEK
Intrinsiskt värde
580.0 SEK
Pris vid analys
506.2 SEK
Buffett-poäng
14/20

Industrivärden C (INDU-C.ST) — 2026-W102

Analysis date: 2026-05-31 | Country: SE | Currency: SEK

Recommendation Summary

FieldValue
RatingBuy
Intrinsic Value580.0 SEK
24m Target545.0 SEK
Price at Analysis506.2 SEK
Buffett Score14/20
ROIC15.3%
Economic Profit+15,020M SEK
Implied Upside (IV)14.6%
Research history · this company (6 notes)
2026-W102 · 2026-05-31 · INDU-C.STviewingBuy · ROIC 15% · tgt 545 SEKIndustrivärden C: Starkt värdeskapande ROIC 15.31% >> WACC 8%
2026-W115 · 2026-05-31 · INDU-A.STBuy · ROIC 15% · tgt 545 SEKΔ tgt +11% · IV +18% · HOLD→Buy · MEDIUM→medium convIndustrivärden A: Starkt värdeskapande ROIC 15.31% >> WACC 8%2026-06-15 · 2026-06-15 · INDU-A.STHOLD · tgt 490 SEK2026-06-15 · 2026-06-15 · INDU-C.STHOLD · tgt 490 SEK2026-06-09 · 2026-06-09 · INDU-A.STHOLD · tgt 490 SEK2026-06-09 · 2026-06-09 · INDU-C.STHOLD · tgt 490 SEKfirst note

0. Company Identification

Ticker: INDU-C.ST | Name: Industrivärden C | Country: SE | Sector: Investment Holding

1. What the Company Sells

Industrivärden C operates in the Nordic market. ROIC 15.3% vs WACC 8% → EP +15,020M SEK.

2. Who Pays and Why They Stay

Customers pay for products/services based on value proposition and brand strength.

3. Revenue Model

Revenue generated through product/service sales. Scalability and recurring revenue characteristics vary by segment.

4. Margin and Cash Mechanics

ROIC 15.3% vs WACC 8.0% → Economic Profit +15,020M SEK.

5. Supply-side Dependencies

Raw materials, suppliers, distribution channels, and human capital.

6. Competitive Position

Moat strength: 3/5. Brand strength, technology, and customer relationships drive competitive advantage.

7. Growth Engine

Market penetration, geographic expansion, and product development.

8. Business Model Risks

Top risks: Cyclical demand, competitive pressure, raw material costs, macro exposure.

9. History, Management & ESG

Established Nordic industrial company with stable management.

10. Synthesis and Recommendation

Buy — Industrivärden C: Strong value creation, ROIC 15.3% >> WACC 8%, attractive at current price.


mttssn research · Industrivärden C (INDU-C.ST) · 2026-W102 · 2026-05-31